CandleFocus

3 Signs That Retail Interest is Rising as Bitcoin Breaks $84,000

Bitcoin has reached new all-time highs, generating excitement among retail investors. The surge in interest is indicated by Coinbase's ranking on the Apple App Store, increased Google searches for Bitcoin, and a sharp increase in inflows to major crypto exchanges. Bitcoin's recent performance has boosted confidence, with a 20% gain in the past week and a market cap surpassing $1.6 trillion. This bullish sentiment has had a domino effect on the wider crypto market, pushing the global crypto market cap to the $2.9 trillion mark. Greed in the market has risen, suggesting a bull market fueled by FOMO. Short liquidations and whale activity have contributed to increased market volatility. The current retail interest and Bitcoin's growing appeal as a major asset point to potential market expansion.

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